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Detail Analysis

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Date:

Status:

Incident Count:

March 1, 2012

Verified

3

Contributor:

zerofriction.io

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KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

71,000

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Recovered Amount:

-

Currency:

Dollars, BTC

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Bitcoin

Exchange

Assets

Compromised Access Control

Extended Method:

Admin password compromise, hot wallet

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The crooks pulled off the heist after obtaining admin passwords for Linode’s network gear. Having infiltrated its systems, the thieves proceeded to target several Bitcoin-related servers, stealing $15k from one merchant and more than 10,000 bitcoins ($56k) from Bitcoinica, a trading exchange for the digital currency.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.